Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    756 Pilot Butte Ave Rock Springs, WY 82901-5346

    • Retail space
    • 1,652 SF
    • 0.04 lot acres
    OFF-MARKET
    Last Sale
    Jun 10, 2025
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US95-0234531
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Taylor’d Lashes / Hair Salon
    • Hairapy by KayCee K / Hair Salon / Nail Salon
    • Serenity Esthetics / Spa & Massage Center
    • Amanda's Beauty Boutique and Salon / Hair Salon / Nail Salon

    Property Details for 756 Pilot Butte Ave

    Year built
    1930
    Lot size
    0.04 lot acres
    Property size
    1,652 SF
    Property type
    Retail space
    APN
    1905-26-4-50-010-00
    APU
    19052645001000

    Description

    This exceptional retail property, located at 756 Pilot Butte Ave in Rock Springs, Wyoming, presents a fantastic investment opportunity. Boasting 2,913 square feet of space, this building, constructed in 1930, is situated on a 0.04-acre lot and is zoned C-1, allowing for a variety of commercial uses. The property has undergone significant recent updates, including new flooring and renovated bathrooms. The building's prime downtown location ensures high visibility and ample foot traffic, ideal for attracting customers. Beyond the main retail space, the building offers additional leaseable space or office areas, providing flexibility for expansion or multiple tenants. A substantial basement provides ample storage and potential for future development, adding significant value to the property. This well-maintained building is ready for immediate occupancy and represents a rare opportunity to acquire a thriving commercial space in the heart of Rock Springs. The asking price is $215,000. The property's address is 756 Pilot Butte Ave, Rock Springs, WY 82901.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rock Springs
    County
    Sweetwater
    State
    Wyoming
    Longitude
    -109.219
    Latitude
    41.5909
    CBSA code
    40540
    CBSA name
    ROCK SPRINGS, WY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $661
    $383
    $8,751
    $9,134
    -
    $4,030
    $92,121
    $96,151

    Comparable in this City

    • Value Estimation by Request
      16,180 SF

      2794 Foothill Blvd

      Lifestyle centers • 16,180 SF
      2794 Foothill Blvd, Rock Springs, WY 82901
      View Details
    • Value Estimation by Request
      1,753 SF

      527 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 1,753 SF
      527 Frnt St, Rock Springs, WY 82901-5232
      View Details
    • Value Estimation by Request
      1,005 SF

      1313 9th St

      RETAIL STORES (PERSONAL SERVICES) • 1,005 SF
      1313 9th St, Rock Springs, WY 82901-5420
      View Details
    • Value Estimation by Request
      1,800 SF

      435 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      435 Broadway St, Rock Springs, WY 82901-6244
      View Details
    • Value Estimation by Request
      840 SF

      702 Dewar Dr

      RETAIL STORES (PERSONAL SERVICES) • 840 SF
      702 Dewar Dr, Rock Springs, WY 82901-5911
      View Details
    • Value Estimation by Request
      1,680 SF

      1208 Elk St

      RETAIL STORES (PERSONAL SERVICES) • 1,680 SF
      1208 Elk St, Rock Springs, WY 82901-4520
      View Details

    Similar Nearby for Sale

    • $1,000,000
      16,180 SF

      Rock Springs Retail Development

      2.81-acre entitled retail site, ready to build.
      2794 Foothill Blvd, Rock Springs, WY 82901
      View Details
    • $550,000
      0.04 Acres

      Prime Rock Springs Restaurant

      Established Restaurant, High Ceilings, Ample Parking
      10 Purple Sage Rd, Rock Springs, WY 82901
      View Details
    • $1,300,000
      13,882 SF

      Downtown Rock Springs Retail Property

      Established Bowling Alley, High Visibility
      323 C St, Rock Springs, WY 82901
      View Details
    • $1,300,000
      13,882 SF

      Rock Springs Bowling Alley Investment

      Established Bowling Alley, Prime Location
      327 C St, Rock Springs, WY 82901
      View Details
    • $750,000
      5,000 SF

      Prime Rock Springs Office Complex

      Two-building executive office, high visibility
      204 Center St, Rock Springs, WY 82901
      View Details
    • $1,045,000
      5,000 SF

      Prime Rock Springs Retail Opportunity

      5,000 SF Retail Building, 3.7 Acres
      14 Purple Sage Rd, Rock Springs, WY 82901
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      19,839 SF

      Rock Springs Plaza Retail Spaces

      Prime Retail Space, High Traffic Area, Newly Renovated.
      1405 Dewar Dr, Rock Springs, WY 82901
      View Details
    • Contact for pricing
      4,607 SF

      Renovated Retail Space For Rent

      Newly renovated storefronts with excellent visibility in central location.
      1313 Dewar Dr, Rock Springs, WY 82901
      View Details
    • Contact for pricing
      3,986 SF

      Gateway Retail Center: Prime Location

      High-Visibility Retail Building, 3,986 SF
      85 Gateway Blvd, Rock Springs, WY 82901
      View Details
    • Contact for pricing
      336,870 SF

      White Mountain Shopping Center Investment

      Prime Retail Space, Rock Springs, Wyoming
      2421 Foothill Blvd, Rock Springs, WY 82901
      View Details
    • Contact for pricing
      12,500 SF

      Rock Springs Industrial Property

      12,500 SF Warehouse/Office Space
      1130 Rockies Cir, Rock Springs, WY 82901
      View Details
    • Contact for pricing
      8,064 SF

      Retail Space in Rock Springs

      Retail space with excellent visibility and newly renovated storefronts.
      1401-1451 Dewar Dr, Rock Springs, WY 82901
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    756 Pilot Butte Ave
    Rock Springs, WY 82901-5346
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.